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Consolidated Statements of Changes in Shareholders' Equity - CAD ($)
shares in Thousands, $ in Millions
Total
Issued capital
Class A Voting Shares
Issued capital
Class B Non-Voting Shares
Retained earnings
FVTOCI investment reserve
Hedging reserve
Equity investment reserve
Shareholders' equity, beginning balance at Dec. 31, 2019 $ 9,416 $ 71 $ 397 $ 7,419 $ 1,265 $ 263 $ 1
Number of shares, beginning balance at Dec. 31, 2019   111,154 393,771        
Net income for the year 1,592     1,592      
Other comprehensive income (loss):              
Defined benefit pension plans, net of tax (89)     (89)      
FVTOCI investments, net of tax (262)       (262)    
Derivative instruments accounted for as hedges, net of tax (69)         (69)  
Share of equity-accounted investments, net of tax (5)           (5)
Other comprehensive income (loss) for the year (425)     (89) (262) (69) (5)
Comprehensive income for the year 1,167     1,503 (262) (69) (5)
Reclassification to retained earnings for disposition of FVTOCI investments 0     4 (4)    
Transactions with shareholders recorded directly in equity:              
Dividends declared (1,010)     (1,010)      
Total transactions with shareholders (1,010) $ 0 $ 0 (1,010)      
Total transactions with shareholders (in shares)   0 0        
Shareholders' equity, ending balance at Dec. 31, 2020 9,573 $ 71 $ 397 7,916 999 194 (4)
Number of shares, ending balance at Dec. 31, 2020   111,154 393,771        
Net income for the year 1,558     1,558      
Other comprehensive income (loss):              
Defined benefit pension plans, net of tax 435     435      
FVTOCI investments, net of tax 7       7    
Derivative instruments accounted for as hedges, net of tax (33)         (33)  
Share of equity-accounted investments, net of tax 2           2
Other comprehensive income (loss) for the year 411     435 7 (33) 2
Comprehensive income for the year 1,969     1,993 7 (33) 2
Reclassification to retained earnings for disposition of FVTOCI investments 0     13 (13)    
Transactions with shareholders recorded directly in equity:              
Dividends declared (1,010)     (1,010)      
Share class exchange 0            
Share class exchange (in shares)   (1) 1        
Total transactions with shareholders (1,010) $ 0 $ 0 (1,010)      
Total transactions with shareholders (in shares)   (1) 1        
Shareholders' equity, ending balance at Dec. 31, 2021 $ 10,532 $ 71 $ 397 $ 8,912 $ 993 $ 161 $ (2)
Number of shares, ending balance at Dec. 31, 2021   111,153 393,772